Article ID: 1b3e1669bfc7d95c5d73afc9a53ba00b05b6425cf40f324e410f3cddf38a4603
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/catastrophe-losses-plunge-driving-us-net-underwriting-gain-verisk/
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Catastrophe losses plunge, driving US net underwriting gain: Verisk - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Subscribe Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Catastrophe losses plunge, driving US net underwriting gain: Verisk by Matthew Lerner Catastrophes , P/C Insurers Mar 25, 2026 The U.S. insurance industry had an estimated net underwriting gain of $63 billion in 2025, more than twice the $23 billion underwriting gain in 2024, according to a report released Wednesday. The increased 2025 gain was driven by unusually low catastrophe losses and a “near-record” low combined ratio, according to the report from data and analytics company Verisk and the American Property Casualty Insurance Association. “A near 90 percent decline in hurricane-related claims in 2025 materially reduced catastrophe losses,” said Saurabh Khemka, president of Verisk Underwriting Solutions, said in the report. Net written premiums rose 4.8% to $971 billion in 2025, and the industry combined ratio for 2025 improved to 92.9% from 96.6% in 2024. Net income after taxes declined 12.4% to $148 billion as net investment gains declined 33.8% to $109.1 billion. The policyholders’ surplus increased to $1.21 trillion in 2025 from $1.08 trillion in 2024. Related News Florida court reinterprets comp tolling, revives claim filing window March 25, 2026 Marsh Risk arranges coverage for nuclear power plant March 25, 2026 War risk premiums hit 7.5%, may reach 10%: Lloyd’s March 25, 2026 HDI Global’s net income jumps 10% March 25, 2026 Brit launches $80M cargo consortium March 25, 2026 World’s top oil exporter cuts Asia supply for second month March 25, 2026 Peak Re names Swiss Re’s Kuk as CEO March 25, 2026 BrokerLink expands with three new brokerage acquisitions March 25, 2026 MacGregor appointed COO at Westfield Specialty March 25, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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